Based on the last 12 New Home Sales events in United States, we expect USDCAD to trend upwards for the next 48 hours. Based on these past events there is a 83.33% chance of this. This may happen because the released value is < 0.806M Historical events that allowed us to draw this conclusion
24 Nov 15:00 |
26 Jul 14:00 |
23 Jun 14:00 |
25 May 14:00 |
23 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
